Elantas Beck India Limited
Nippon India Mutual Fund raised its stake in Elantas Beck India from 8.42% to 8.55%, purchasing 10,000 shares.
A specialty chemicals manufacturer, Elantas Beck produces electrical insulation materials and construction chemicals for diverse industrial applications. The company serves automotive, electrical equipment, and construction sectors with tailored chemical solutions. As part of ALTANA, an international specialty chemicals group, it leverages global technical expertise, research capabilities, and manufacturing infrastructure to deliver high-performance products across multiple end-use industries.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.